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Fed, labor market
The Fed's rate decision shows its focus has shifted from inflation to the labor market
"The Fed is more worried about the labor market and less concerned about inflation at this point," a Glenmede analyst said.
The Fed 'moved too fast' with rate cuts and now risks reigniting inflation, analyst says
The US isn't out of the words with inflation, and one fixed-income strategist thinks the Fed's jumbo rate cut will make matters worse.
Biden: Fed rate cut is "declaration of progress" on crushing inflation
President Biden said on Thursday that the Federal Reserve's interest rate cut signals the nation had entered a "new phase" during a speech that touted his economic record. Why it matters: Biden, who rarely speaks publicly about Fed policy decisions,
The New York Times
23h
Inflation Is Ebbing. Now the Fed Must Protect Jobs.
For the last three years, the Federal Reserve has been fighting to bring
inflation
down. Now it has boldly moved to protect ...
1d
Fed Officials See Cooler Inflation Ahead This Year
Federal Reserve officials believe that inflation will cool faster than previously expected this year. In the summary of ...
syracuse.com
16h
Fed signals end to inflation fight with a sizable half-point rate cut
Inflation
has tumbled from a peak of 9.1% in mid-2022 to a three-year low of 2.5% in August, not far above the
Fed
’s 2% ...
22h
Fed Officials Forecast Higher Unemployment, Lower Inflation Than Three Months Ago
Federal Reserve officials signaled that unemployment might climb slightly higher by the end of the year. In their quarterly ...
The San Bernardino Sun
1d
Is inflation cured? Fed’s giant rate cut turns focus to cooling job market
You might recall that in March 2022, the
Fed
began a battle against four-decades-high
inflation
with pricier financing.
Morningstar
1d
Fed Rate Cut Shows the Main Battle Against Inflation Has Been Won
The
Fed
’s decision Wednesday implies that the main battle against high
inflation
has been won, and all that’s left is ...
4h
on MSN
Biden blasts Trump’s calls for reducing Fed’s independence, warning of potential for ‘enormous damage’ to economy
In a speech Thursday following the Federal Reserve’s interest-rate cut, President Joe Biden talked up the importance of the U ...
WBUR
7h
Warren advocates for a bigger Fed rate cut, even as Wall Street cheers
Fed Chair Jerome Powell announced a half percent cut to benchmark interest rates on Wednesday — the first cut since March ...
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